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Uber Agrees To Buy Postmates For $2.65BN In Stock After Losing Battle For GrubHub

From Zero Hedge: After failing to convince GrubHub’s millennial managers that a tie-up would be the best bet for the publicly traded takeaway rival to Uber’s fast-growing Uber Eats, Uber has moved on to ‘Plan B’, and agreed to buy Postmates in a $2.65 billion all-stock deal. Uber Eats head Pierre-Dimitri Gore-Coty is expected to[…]

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BeeHero smartens up hives to provide ‘pollination as a service’ with $4M seed round

From Tech Crunch news: Vast monoculture farms outstripped the ability of bee populations to pollinate them naturally long ago, but the techniques that have arisen to fill that gap are neither precise nor modern. Israeli startup BeeHero aims to change that by treating hives both as living things and IoT devices, tracking health and pollination progress practically[…]

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Payments Startup Marqeta’s Valuation Jumps to $4.3B With New $150M Funding Round

From Crunchbase News May 2020: Marqeta brought in a round of $150 million in fresh capital from an undisclosed investor, valuing the company at $4.3 billion, the company announced Thursday. The new valuation is a sharp increase from the Oakland, California-based company’s last funding round in 2019. At the time, the modern card issuing platform was valued[…]

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Covid Is Accelerating the Rise of Faux Meat

From Wired 5/20/2020: The supply chain for traditional meat is buckling, and plant-based alternatives from companies like Impossible Foods and Beyond Meat are filling the void. As with toilet paper and cleaning products, you probably didn’t fully appreciate meat until the coronavirus pandemic snatched it away. The distribution infrastructure that normally gets plenty of beef,[…]

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As Restaurants Across The Country Close Their Doors, Deliveries Pick Up

From NPR March 2020:  On a typical sunny spring afternoon, the outdoor seating of Atlanta’s Krog Street Market would usually be packed. But it’s not a typical week. As more and more people practice social distancing and stay inside in the wake of the coronavirus pandemic, the tables at Krog are completely deserted. Most restaurant booths[…]

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How SpaceX is prospering in the year of the coronavirus pandemic

From The Hill.com  SpaceX’s Elon Musk must count himself lucky that commercial space is considered an “essential industry” while the coronavirus pandemic ravages the world. The designation has allowed SpaceX to not only survive but to prosper as the company continues its efforts to open the space frontier, both in partnership with NASA and alone. NASA SpaceFlight[…]

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Beyond Meat Barfs After Burger King Cuts Impossible Whopper Price On Slowing Sales

From Zero Hedge: Beyond Meat hit a session low of $119, last down about 7% in the last hour of the session, after CNBC reported Burger King slashed the price of the Impossible Whopper following declining sales. Shares of Beyond Meat have surged more than 80% since the start of the year, news of declining fake meat[…]

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Palantir to seek at least $26 billion valuation in fundraising push

From CNBC: Palantir Technologies is targeting a valuation of at least $26 billion in a private fundraising round, the first for the Peter Thiel-backed data analytics startup in four years, according to sources. Palantir was valued at roughly $20 billion in its last private fundraising round in 2015. Palantir, whose customers range from global banks[…]

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AirBNB Open Home policy helps evacuees flee from Dorian

AirBNB has a diverse business, most people don’t even know the extent in which they operate in multiple verticals.  Now that Hurricane Dorian is approaching the US, AirBNB has activated their Open Home Policy, see trending thread on this topic: AirBNB has activated their Open Home policy and there are hundreds of free places to[…]

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How CIA-Backed Palantir Is Helping Police Root Out ‘Thought Crimes’

From Zero Hedge August 2019: Palantir’s technology was developed in warzones like Fallujah, where it was used to anticipate roadside bombs and attacks by insurgents. Now, it’s being used on the streets of Los Angeles to root out criminals like something straight out of the movie “Minority Report.” Unsurprisingly, the privately-held tech firm is backed by[…]

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